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Credit card round-ups to buy stocks?(lemmy.ml)

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guttermonk@lemmy.ml
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personalfinance@lemmy.ml
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Like Peter Lynch says, invest in what you know. It would be cool if your round-up could buy a fractional share of whatever business you shopped at. If that company isn’t publicly traded, you could set a stock for it to default to.

So if I go to Chipotle, my round-up goes to a fractional share of Chipotle. If I go to my favorite local hole in the wall, my round-up would go to a fractional share of $SPY or whatever I set my default to.

I know Cash App and the Robinhood Cash Card both have round-ups to buy stock, but they only buy one stock. Anyone know a card that’s more inline with what I want?

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sugar_in_your_tea@sh.itjust.works
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Pretty much every brokerage offers fee-free trades, and they usually make money by giving you a slightly worse price (as in, slightly higher purchase price and slightly lower sale price), but that doesn’t really affect most regular investors.

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